Performant Financial Corporation Announces Executive Leadership Transitions
09 Mayo 2023 - 3:06PM
Business Wire
Performant Financial Corporation (Nasdaq: PFMT) (the Company), a
leading provider of technology-enabled payment integrity,
eligibility, and related analytics services, announced today that
effective May 5th, Simeon Kohl has been promoted to the position of
Chief Executive Officer and a member of Performant’s Board of
Directors. Lisa Im, the Company’s previous CEO, will continue in
her role as Board Chair.
“As the transition to a pure-play healthcare company is now
complete, it is the right time for me to hand over the reins to
Simeon Kohl, who will continue to execute his exciting vision for
the growth of Performant Healthcare Solutions,” said Im. “From the
time I first met Simeon, it was very clear to me that he was a
visionary with a bright future ahead of him. Together with the
leadership team he has built, Sim has achieved remarkable results
and demonstrated consistent growth of our healthcare business.”
Since joining the company in 2012, Mr. Kohl has played a pivotal
role in designing and executing Performant’s healthcare strategy.
He has served in several capacities including as the General
Manager of healthcare operations prior to his appointment to
President of Performant in March of last year. As President, Mr.
Kohl oversaw the company’s successful transition into a healthcare
pure play company. Now that this transformation is complete, Mr.
Kohl is the obvious choice to lead the company into the next stage
of growth in the coming years.
“I'm honored, and I’m grateful to the Board for the opportunity
to lead this amazing organization of dedicated and talented
professionals,” stated Kohl. “With our clarity of vision and a
relentless commitment to delivering value to our clients, I am
confident that we can achieve our goals and take Performant to new
heights.”
Additionally, the Board has promoted Rohit Ramchandani to the
role of Chief Finance Officer. For the past two years, Mr.
Ramchandani has been serving as the Company’s Senior Vice President
of Finance and Strategy and operated as the Company’s key decision
maker on financial matters during that time. He joined Performant
back in 2014 and has served in a variety of key finance roles and
was notably instrumental in leading our finance department during
this time of transformation over the last several years.
Lastly, after a successful career of over 40 years, Hal Leach
will be leaving Performant in his current position as Chief
Compliance Officer. Mr. Leach has filled a number of roles with the
Company during his tenure with Performant, including Chief
Operating Officer. The Company wishes him well in his next
endeavors.
ABOUT PERFORMANT
Performant provides technology-enabled audit, recovery, and
analytics services in the United States to the healthcare industry.
Performant works with healthcare payers through claims auditing and
eligibility-based (also known as coordination-of-benefits, or COB)
services to identify improper payments. The Company engages clients
in both government and commercial markets. The Company also has a
call center which serves clients with complex consumer engagement
needs. Clients of the Company typically operate in complex and
highly regulated environments and contract for their payment
integrity needs in order to reduce losses on improper healthcare
payments.
To learn more about Performant, please visit
http://www.performanthealth.com
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version on businesswire.com: https://www.businesswire.com/news/home/20230509005989/en/
Richard Zubek, Investor Relations Performant Financial
Corporation (925) 960-4988 investors@performantcorp.com
Performant Financial (NASDAQ:PFMT)
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